![]() Julie Ann Freischlag will serve as chief academic officer for Atrium Health, in addition to her current role as CEO of Wake Forest Baptist Health and dean of Wake Forest School of Medicine. CMHA, Wake Forest University Baptist Medical Center, and Wake Forest University will each retain their own governing boards. Woods will head the system alongside a 16-member board of directors.Įdward Brown, currently board chair of the Charlotte Mecklenburg Hospital Authority (CMHA) will chair the board of the new enterprise. Wake Forest School of Medicine's second campus in Charlotte will aim to strengthen the pipeline of medical professionals who serve rural and under-served urban areas and increase the number and diversity of healthcare professionals, Atrium said.Īs part of the deal, Atrium also plans to construct a new critical care, emergency department and surgery tower at Wake Forest Baptist Medical Center, along with a new eye institute. Those analysts hypothesized hard times could be bringing partners together to weather uncertainty.Īnd the pandemic does not seemed to have changed the trajectory of the Atrium-Wake Forest deal, first announced in April 2019.įor Atrium, it comes more than two years after an earlier attempt at a deal with UNC Health in North Carolina fell through.Ītrium CEO Eugene Woods will head the newly-combined non-profit health system, with a vision "to build a 'Silicon Valley' for healthcare innovation spanning from Winston-Salem to Charlotte," he said in a release. Deal activity in the third quarter was up from the prior, and on par with a year earlier. Traveling outside North Carolina Use the Blue Cross Blue Shield Global® Core search to find a doctor or provider in your plan. ![]() ![]() M&A activity in the sector does not seem significantly diminished from the pandemic, by some measures from Kaufman Hall on third-quarter activity. ![]()
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